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The Breakfast Briefing: Stocks Fall As China Data Sours, Treasuries Climb:
FYI: .The moves in pre-market trade come after fresh data out on Monday showed December exports and imports dropping unexpectedly in China. .The latest earnings season is starting Monday with Citigroup set to update investors before the bell.
U.S. stock index futures were sharply lower on Monday on the back of ongoing concerns over an economic slowdown in China as we well as the longest government shutdown in U.S. history.
At around 4:30a.m. CT, Dow futures fell 225 points, indicating a negative open of 202.95 points. Futures on the S&P and Nasdaq were also down.
The moves in pre-market trade come after fresh data out on Monday showed December exports and imports dropping unexpectedly in China. These figures deepened concerns of a slowdown in the world's second-largest economy. Regards, Ted
